Days after announcing $4.28 billion in student loan relief, President Joe Biden abruptly withdrew two of the plans affecting thousands of recipients. With a few weeks left […]
The Education Department effectively halts the regulations before the inauguration of Trump, who has voiced opposition to both
Some Democratic lawmakers are pressuring the Biden administration to take further action on student loans before President-elect Donald Trump takes office, including finalizing some debt forgiveness it already approved.
The Biden administration has withdrawn two major plans to deliver student loan forgiveness. The proposed regulations would have allowed the secretary of the U.S. Department of Education to cancel student loans for several groups of borrowers, including those who had been in repayment for decades and others experiencing financial hardship.
The Education Department said it "intends to commit its limited operational resources to helping at-risk borrowers return to repayment successfully."
President Joe Biden’s Department of Education dolled out over $1 billion in diversity, equity, and inclusion grants since 2021, a new Parents Defending Education report shows. Almost half, $489,883,797.
President Joe Biden waited two years into his term in office to issue his first presidential veto, but he's primed to conclude his term with 13.
President Joe Biden's administration announced on Friday another $4.28 billion dollars in student loan relief for nearly 55,000 public service workers.
KEY TAKEAWAYS President Joe Biden's administration has scrapped a proposal to provide student debt relief to borrowers who experienced financial hardships.The Department of Education insisted the withdrawal was due to timing and the administration had the authority to administer this relief.
It's officially the end of the road for Biden's attempts to broadly cancel student debt.
The Biden administration says it is canceling federal student loans for another 55,000 public service workers through an existing forgiveness program
With just under a month left in his administration, President Joe Biden managed to fulfill one of his campaign promises, forgiving the student debts of nearly 55,000 borrowers. Do